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11:06am
Judge questions BofA settlement
...US District Court, Southern District of New York, numbers 09-06829 and 10-00215. Mr Cuomo’s case is New York vs Bank of America Corp et al, New York State Supreme Court, New York County, number... By
February 8, 2010
South-east Asian bourses in technology pact
...exchanges said they had signed a letter of intent at a meeting in Manila with NYSE Technologies, the technology arm of NYSE Euronext, the transatlantic exchange that owns the New York Stock Exchange.The four – Bursa Malaysia...Singapore exchange; and the Stock Exchange of Thailand – are in the vanguard of moves... By Kevin Brown in Singapore
8:26pm
BofA and Citi warned over credit ratings
...their debt. During the crisis, creditors of most financial groups fared better than equity...government’s bail-outs preserved the value of their debt. Citi and BofA were among the biggest recipients of federal aid, receiving $45bn (€32...points wider in late morning trading in New York. By Francesco Guerrera and Nicole Bullock in New York
February 8, 2010
Thain back from wilderness to head CIT
...to bring it into compliance on a variety of issues. Asked if he had learned any lessons...Mr Thain said: “Fixing these kinds of financial problems is generally more difficult...you think, because you keep uncovering new problems.” Mr Thain will be paid a salary of $500,000 and receive 180,000 shares... By Greg Farrell in New York
November 28, 2009
Books of the year
...this monumental book that charts 100 years of subterfuge. His scrutiny of the British secret service is fascinating...out the Kaiser’s spies to uncovering al-Qaeda plots to the rise of women, who changed this archetypal male...interrelated lives of Kaiser Wilhelm II, George V and Nicholas II provide a grotesque prism...with his wife Tina Brown, one-half of New York’s most influential media couple. Inside Central... Introduction by Rosie Blau
December 28, 2009
Islamist threat remains top concern
...long as there is an organisation out there of sufficient mass to pull off operations...that risk exists." September 11 2001 - New York Al-Qaeda terrorists hijack two aircraft, crashing them into the twin towers of the World Trade Center in New York. A third aircraft slams into the... By Daniel Dombey in Washington
February 5, 2010
AOL taps Google executive
...want to be the broadest scale producer of content for internet.”Mr Eun will oversee an array of businesses that include more than 80 websites...video production studio, and studios in New York and Los Angeles.Mr Armstrong said he was...traditional media. Mr Eun is a former executive of NBC and Time Warner. At the latter, he...included AOL, Time Warner Cable and Time Inc, the magazine publishing division. To... By Kenneth Li in New York
2:00am
NYSE Euronext shares rise 7.6% as derivatives trading drives profits
...competition intensified.The operator of the New York Stock Exchange, Euronext markets in...created in 2007 through the acquisition of Euronext by the then New York Stock Exchange group.The deal was largely...quarter's results were further evidence of that".NYSE Euronext's shares were 7.6 per cent higher at $24.20 in New York.www.ft.com/tradingroom By Jeremy Grant in London and Michael Mackenzie n New,York
March 6, 2008
King Arthur, New York City Opera
The New York City Opera is at the crossroads. Gerard...20th-century repertory and exploring new locales. On Wednesday the company bade farewell to the old order with its final new production, Purcell’s King Arthur. Actually...is here presented as a...sequence of production numbers scared [we think he...Mizrahi’s rag-bag costumes on Adrienne Lobel’s minimalist stage. Dancers, either... By Martin Bernheimer
February 1, 2010
Wall Street given a lift by results from Exxon
...Meanwhile, ACS, which Xerox is in the process of buying, edged 1.8 per cent higher to...boost its bottom line mainly as a result of cutting 1,400 jobs in the third quarter...Other publishing groups followed suit. The New York Times lost 3.3 per cent to $12.49...Gruppe for about $590m. The acquisition of Mepha, owned by Germany’s Merckle family... By Samantha Pearson in New York